YEARLY HIGH
19.9654 RSD
YEARLY LOW
17.0739 RSD
YEARLY AVERAGE
18.5515 RSD

2019 TRY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 19.9654. Conversely, the yearly low was recorded on May 9, dropping to 17.0739.

This high-to-low spread represents a total annual volatility of 2.8915 RSD. From a start-to-finish perspective, comparing the January average rate of 19.3459 to the December average rate of 18.0610, the exchange rate registered a net change of -6.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 19.9654 was down 24.42% compared to the 2018 peak of 26.4158, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 998,272 RSD
2018 Average 1,062,461 RSD
Yearly Trough Low 853,695 RSD
Transaction Impact: A difference of 144,576.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

19.9759
17.2302
JanuMarcMayJulySeptNove

TRY to RSD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 18.6231, compared to 18.4799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1432 points.

H1 Avg (Jan–Jun) 18.6231
H2 Avg (Jul–Dec) 18.4799

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 1.4417 RSD (High: 19.0755 / Low: 17.6338). On the other end, November was the most stable month, with a tight range of 0.2696 RSD (High: 18.6628 / Low: 18.3932).

April Spread (Volatile) ±1.4417
November Spread (Stable) ±0.2696

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.8580 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 19.7471) against the same month in 2018 (average: 25.3157), the exchange rate shifted by -5.5686 (-22.00%).

2019 Avg (February) 19.7471
2018 Avg (February) 25.3157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.9574 18.5542 19.3459
February 19.9654 19.4312 19.7471
March 19.4897 18.1034 19.0491
April 19.0755 17.6338 18.1911
May 18.0750 17.0739 17.4590
June 18.3413 17.7591 17.9462
July 19.0574 18.2264 18.5171
August 19.1697 18.0363 18.7431
September 19.0455 18.3454 18.6925
October 18.8074 17.9714 18.3449
November 18.6628 18.3932 18.5205
December 18.5601 17.6178 18.0610